Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- GIFT ECONOMY
Economy based on the exchange of gifts. Anthropological research has shown a direct relationship between gift exchanges and community building. The word "community" itself shows this connection: cum = "together, among each other"; and munere = "to give"; Hence community, "to give among each other". See "Internet Currencies for Virtual Communities" by Bernard Lietaer for more information on how gift economies may be cultivated on the Internet.Back